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Khalifa Fund launches support project to accelerate innovation of Abu Dhabi SMEs and start-ups

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Khalifa Fund for Enterprise Development officially launched the “Level Up” project to help entrepreneurs, SMEs and start-ups seize new opportunities to stabilize, strengthen and expand their businesses.

The plan will focus on upgrading Abu Dhabi’s priority industries, by accelerating the development of local enterprises, creating industry jobs and promoting the UAE’s transition to a knowledge economy. It aims to provide high-quality professional support to up to 10 successful SMEs and start-ups to maintain their business growth.

Mouza Al Nasri, Acting Chief Executive Officer of Khalifa Fund for Enterprise Development, said at the meeting: “Entrepreneurs, SMEs and start-ups play an important role in contributing to our economy. That’s why we position them in this The core of the plan is to provide seamless access to new markets, technologies, and expertise. The success of the project will help to enhance the growth potential of the post-COVID-19 recovery, and aims to turn Abu Dhabi and the UAE into a better place. Great power of creativity and innovation.

“We are eager for more small and medium enterprises to join us, because our goal is to improve their forward-looking capabilities, resilience and responsiveness in order to enhance their competitiveness and help them gain more opportunities to rebuild global climate change from the pandemic. Green in crisis.”

The “Level Up” plan is carried out in successive stages, each stage lasts from 2 to 4.5 months depending on the professional sector, starting with agriculture. The general format will include two months of study and guidance, forums and demonstration days, and two gatherings. Other industries covered include finance, information and communication technology, health services, biopharmaceuticals, agricultural technology (AgTech), tourism and real estate.

The first phase of the plan “Reshaping the Future of Agriculture and Food” will be held from October 1 to December 6, 2021. It aims to accelerate the development of resilient and sustainable agricultural practices and contribute to national food security in 2051. Contribute to strategy.

Al Nasri added: “At the Khalifa Fund, we remain flexible and agile in the changing environment and changing market demands to provide the right support for small businesses. We will continue to actively adjust our support process to respond to entrepreneurs And the evolution of challenges and opportunities facing small businesses. By promoting prosperity, our work will help promote the stability of the country and increase the UAE’s global influence.”

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